Mail & Guardian·4 min read·medium

Masondo resigns as PIC chair, warns investigations must not be ‘swept under the carpet’

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Mail & Guardian
Masondo resigns as PIC chair, warns investigations must not be ‘swept under the carpet’
AI Summary

David Masondo has resigned as chairperson of South Africa's Public Investment Corporation (PIC) amid a governance crisis. He urged that ongoing investigations into the institution's management and whistleblower reports must continue despite the board's turnover.

Facebook X LinkedIn WhatsApp Email Public Investment Corporation (PIC) chairperson David Masondo has resigned, becoming the latest senior casualty of the governance crisis engulfing South Africa's largest asset manager, while warning that key investigations into the corporation must not be "swept under the carpet".

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